No 9

4 March 2002


Mexico Targets 3.62Mn B/D Oil Production By End-2002

Mexico痴 state-owned PetroleosMexicanos (Pemex) has announced that it intends to increase oil production fromthe December 2001 average of 3.27mn b/d to 3.62mn b/d by the end of 2002,according to on-line Petroleum.Com of 25February. The company said it would maintain heavycrude production at around 2.2mn b/d, while increasing output of light crude,which has declined in recent years. In August last year, the...